Advertisement
In association with giffgaff

Generation B is the movement using business as a force for good – and it’s growing

The movement is changing our economic system to positively impact all people and the planet, says Chris Turner, executive director of B Lab UK

In association with giffgaff

Five years ago, the world was about to change in profound and very tangible ways. The UK was heading into multiple lockdowns to combat a virus that very few of us saw coming, and even fewer were prepared for. Fast forward to now and we’re witnessing shifting global electoral moods following myriad general elections in 2024

While the UK government is showing promising signs of valuing a mission-driven economy, with a crackdown on water companies and increased scrutiny of fast-fashion brands like Shein, rhetoric across the Atlantic is causing companies to actively undo progress on social and environmental issues. The impact of this is being felt across the world. 

So what do these changing headwinds mean for the role of business in UK society today? Can a more human and meaningful approach to business thrive? Or are we entering an era where momentum behind these efforts stalls?

There is a growing movement of people who are rooted in action, inspiration and a belief in doing better. These are the people working for, shopping from and engaging with a new generation of business models; the ones that take a long-term view of success, balancing the interests of people, the planet and profit in their decision-making. 

One example is the Certified B Corporation. B Corps are businesses that meet rigorous standards, working to make a positive impact for people, the environment and culture of business. And when they join forces with 2,400 other B Corps in the UK and over 9,000 across the world, they create Generation B. 

Get the latest news and insight into how the Big Issue magazine is made by signing up for the Inside Big Issue newsletter

Advertising helps fund Big Issue’s mission to end poverty
Advertisement

A few that you might have heard of alongside Big Issue include Tony’s Chocolonely, Patagonia, innocent, Tilda, Lucky Saint, Octopus Energy, Finisterre, Triodos Bank, giffgaff, Ticket Tailor and graze. Every business in the community brings Generation B to life in its own way.

Farrow & Ball created a group to ensure diverse voices are heard throughout its organisation, Pizza Pilgrims launched a Pizza Academy to inspire young people to pursue a career in hospitality and Scamp & Dude donates silk scarves to women facing cancer treatment. 

Chris Turner

While the momentum behind Generation B is always worth celebrating, it is not enough for this kind of business to be adopted by a few pioneers. It is by rethinking the role of every business that we give our economy the best chance of transitioning to one that is fit for the future.

That’s why B Lab UK has set itself an ambitious new goal: for all UK businesses to act as a ‘force for good’ by default within the next 10 years, operating for the benefit of all their stakeholders. 

To achieve this, we will need to go beyond certifying individual businesses. We will need to pull on the cultural and structural levers that have the potential to create lasting change.

By cultural, we mean the norms and behaviours that comprise how we engage with business. And by structural, we mean the laws, rules and regulations that reinforce this culture. 

Advertising helps fund Big Issue’s mission to end poverty

Some of our work in these areas has seen us launch initiatives to drive awareness and influence legislation around business as a force for good. Whether it’s the Better Business Act – a coalition of over 2,800 businesses calling on the government to amend the law so that all UK companies align with the interests of their stakeholders  or – the one that’s relevant to this Big Issue special feature – B Corp Month. 

B Corp Month is an annual campaign every March. It’s a moment where Generation B comes together to celebrate everything it means to be a B Corp, and it’s one that you can be a part of – one purchase, job application and conversation at a time. 

I encourage you to use this month as a starting point to engage with businesses that care about people and the planet. By supporting B Corps, you belong to the generation of people who are calling for the future they want to see in the world; proving that there is still a place for one in which business acts as a force for good. 

Chris Turner is Executive director of B Lab UK. Find out more about B Corps.

The Generation B movement in numbers

2,400+ UK B Corps, 150,000+ employees, 120+ industries

Across the UK

Advertising helps fund Big Issue’s mission to end poverty

The highest proportion of B Corps – more than 1,000 – are based in London. 

The South West has the second highest proportion with just in excess of 400 B Corps.

Scotland has just under 100; there are more than 70 in Yorkshire, and even two in the Channel Islands.

Across all sectors

More than 750 in professional and technical services, over 300 in retail, over 200 in manufactured goods, over 100 in real estate, design and building.

A global community

9,500+

Advertising helps fund Big Issue’s mission to end poverty

Total number of B Corps worldwide.

£247bn 

Total annual revenue for B Corps.

930,000+

Total number of workers employed by B Corps.

B Corps are found in 100+ countries across 160+ industries.

Advertising helps fund Big Issue’s mission to end poverty

Do you have a story to tell or opinions to share about this? Get in touch and tell us moreBig Issue exists to give homeless and marginalised people the opportunity to earn an income. To support our work buy a copy of the magazine or get the app from the App Store or Google Play.

Advertising helps fund Big Issue’s mission to end poverty

Never miss an issue

Take advantage of our special subscription offer. Subscribe from just £9.99 and never miss an issue.

Recommended for you

Read All
High Potential is high-octane, fast-talking nonsense that will hit you right in the Columbos
Lucy Sweet

High Potential is high-octane, fast-talking nonsense that will hit you right in the Columbos

If we want Britain to be healthier we must address structural racism
A Black woman running
Stephen Walcott

If we want Britain to be healthier we must address structural racism

This diagram shows exactly where the government is going wrong on poverty
John Bird

This diagram shows exactly where the government is going wrong on poverty

This small change to sick pay would make a huge difference for people with mental health problems
person with book on head and papers scattered around
Minesh Patel

This small change to sick pay would make a huge difference for people with mental health problems

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payment 2024: Where to get help now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payment 2024: Where to get help now the scheme is over

Citroën Ami: the tiny electric vehicle driving change with The Big Issue
4.

Citroën Ami: the tiny electric vehicle driving change with The Big Issue